LAW

All laws must be objective (and objectively justifiable): men must know clearly, and in advance of taking an action, what the law forbids them to do (and why), what constitutes a crime and what penalty they will incur if they commit it. – AYN RAND

The Anatomy of Deflation

Deflation is usually thought to be a synonym for falling prices. There could be no more serious error in all of economics.

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